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Q This Trust Deed made September 25, 2002 by and among the following: 35 So Trustor: Clarence Shuda, d/b /a Shuda Construction 1004 Worms Road Grand Island, NE 68801 Trustee: Anna L. Stehlik Attorney at Law ( #15621) P.O. Box 609 3303 West 12" Street Hastings, NE 68902 Beneficiary: Grand West, LLC P.O. Box 609 3303 West 12" Street Hastings, NE 68902 Consideration: Promissory Note given by Truster to Beneficiary for $28,900.00 dated September 25, 2002 Truster, in consideration of the sum of $28,900.00, receipt of which is hereby acknowledged, conveys to Trustee, in trust, with power of sale all of [,or 4 Grand West Third Subdivision to the City of Grand Island, Hall County, Nebraska (the "Property "). Trustor and Beneficiaries covenant and agree as follows: 1. Pavment of Note. Trustor shall promptly pay when due the principal of and interest on the debt evidenced by the Trust Deed and Promissory Note of even date herewith together with all sums advanced by Beneficiary to protect the Property, with interest thereon at the default rate provided in the Promissory Note. 2. Taxes & Assessments. Trustor will pay all real estate taxes levied on the Property, including any tax levied on the debt secured hereby, when they become due and before they become delinquent. Beneficiary shall pay installments of special assessments assessed as of the date of this Trust Deed when due. M m N� n 2 V N T J `yiJ ( Q N TRUST DEED 200210364 With Power of Sale This Trust Deed made September 25, 2002 by and among the following: 35 So Trustor: Clarence Shuda, d/b /a Shuda Construction 1004 Worms Road Grand Island, NE 68801 Trustee: Anna L. Stehlik Attorney at Law ( #15621) P.O. Box 609 3303 West 12" Street Hastings, NE 68902 Beneficiary: Grand West, LLC P.O. Box 609 3303 West 12" Street Hastings, NE 68902 Consideration: Promissory Note given by Truster to Beneficiary for $28,900.00 dated September 25, 2002 Truster, in consideration of the sum of $28,900.00, receipt of which is hereby acknowledged, conveys to Trustee, in trust, with power of sale all of [,or 4 Grand West Third Subdivision to the City of Grand Island, Hall County, Nebraska (the "Property "). Trustor and Beneficiaries covenant and agree as follows: 1. Pavment of Note. Trustor shall promptly pay when due the principal of and interest on the debt evidenced by the Trust Deed and Promissory Note of even date herewith together with all sums advanced by Beneficiary to protect the Property, with interest thereon at the default rate provided in the Promissory Note. 2. Taxes & Assessments. Trustor will pay all real estate taxes levied on the Property, including any tax levied on the debt secured hereby, when they become due and before they become delinquent. Beneficiary shall pay installments of special assessments assessed as of the date of this Trust Deed when due.